New Year, New Home: How to Find Your Dream Home in 2024

New Year, New Home: How to Find Your Dream Home in 2024

New Year, New Home: How to Find Your Dream Home in 2024

By Mark Spain Real Estate

A new year is the perfect opportunity for a fresh start. Whether that means getting a new job or, in this case, buying your dream home, going after your goals and forming new beginnings is encouraged this time of year.

There’s no better time to start a new chapter than in 2024. And with help from Mark Spain Real Estate, you can do just that! With decades of industry experience, our experts offer valuable insight into the home-buying process. Together, we’ll help you exceed your real estate goals and finally find your dream home! Read below for our top tips on how to find your dream house in 2024. 

New Year, New Home: How to Find Your Dream Home in 2024

Observe Housing Market Predictions

If you anticipate buying a home next year, you’ll want to check out some housing market predictions for 2024. Though there’s no way to know whether these predictions are guaranteed, it helps to understand what you can expect as a home buyer. Some things you might consider as a prospective buyer are housing inventory, mortgage rates, and home prices. Combined, these three factors will ultimately determine whether you’re in good shape to buy your dream home. 

Determine Your Needs

To find your dream home, you first need to know what you’re looking for. Whether you want a big backyard for your pet or an open floor plan for entertaining, compiling a home-buyer wish list will be essential for your 2024 house hunt. Determine your needs before you buy your dream home in 2024.This list should mainly consist of non-negotiables that you absolutely can’t live without. However, you might also include bonus, luxury features like renovated finishes or smart technology if you so choose. We are talking about your dream home, after all!

Get Mortgage Pre-approval

One of the biggest mistakes you can make when buying a home is to skip the mortgage pre-approval process. Not only will this step make you a stronger candidate in the eyes of sellers, but it will also help you form a concrete budget. Your mortgage lender will approve your loan based on your credit score, debt-to-income ratio, and other financial components. If you are in strong financial standing, your likelihood of getting a good mortgage rate will be higher. In this case, you’ll be in a better spot to secure your dream home. However, it’s important to remember that external economic factors, like inflation and Federal Reserve policy, might also affect your rate. These factors are difficult to predict, so the best you can do is keep your financial standings as strong as possible. 

Hire a Real Estate Agent 

The best way to set yourself up for success in 2024 is to hire the right agent. Having an experienced buyer’s agent on your team will make your house hunt exponentially easier, especially if you’re in a competitive market. This individual will guide you through every step of the home-buying process, from setting up home showings to negotiating offers. Hire a real estate agent to find your dream home in 2024.

Without a real estate agent, you won’t have access to housing market intel or network connections that could be valuable in your search. Make the process easier on yourself by hiring a buyer’s agent at Mark Spain Real Estate. Our team promises to take all necessary measures to find your dream home! 

Buy a Home in 2024 with Mark Spain Real Estate

If you want to buy a home in 2024, allow us to help you get the job done. With decades of industry experience, our professionals will help you exceed your real estate goals. Check out our Guaranteed Offer Program for the potential to receive a competitive cash offer on your home in only 21 days. Contact our agents today!

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